Signify Health (Signify Health) ROCE % : 202.63% (As of Dec. 2022)

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What is Signify Health ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Signify Health's annualized ROCE % for the quarter that ended in Dec. 2022 was 202.63%.

Signify Health ROCE % Historical Data

The historical data trend for Signify Health's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Signify Health ROCE % Chart

Signify Health Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

-1.28

-0.78

-1.27

4.17

-7.25

Signify Health Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
ROCE %	Get a 7-Day Free Trial										15.81	-3.62	-103.67	-73.34	202.63

Signify Health ROCE % Calculation

Signify Health's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-116	/	( ( (2127.2 - 183.1)	+	(1744.1 - 490.4) )	/ 2 )
	=	-116	/	( (1944.1	+	1253.7)	/ 2 )
	=	-116	/	1598.9
	=	-7.25 %

Signify Health's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	2600	/	( ( (1721.5 - 409)	+	(1744.1 - 490.4) )	/ 2 )
	=	2600	/	( ( 1312.5	+	1253.7 )	/ 2 )
	=	2600	/	1283.1
	=	202.63 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

Signify Health (NYSE:SGFY) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Signify Health ROCE % Related Terms

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Signify Health (Signify Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Signify Health Inc (NYSE:SGFY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 Connecticut Avenue, 3rd Floor, Norwalk, CT, USA, 06854

Website

http://www.signifyhealth.com

Signify Health Inc is a healthcare technology company that leverages advanced analytics, technology, and nationwide healthcare provider networks to create and power value-based payment programs. The customers include health plans, governments, employers, health systems and physician groups. Its operating segment includes Home and Community Services and Episodes of Care Services. The company generates maximum revenue from the Home and Community Services segment.

Executives

David Pierre	officer: Chief Operating Officer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Paymon Farazi	officer: Chief Product Officer	C/O SIGNIFY HEALTH, INC., 800 CONNECTICUT AVE, NORWALK CT 06854
Tim Gronniger	officer: Ch. Value-Based Sols. Off	C/O SIGNIFY HEALTH, INC., 800 CONNECTICUT AVE, NORWALK CT 06854
Vivian E. Riefberg	director	800 CONNECTICUT AVENUE, NORWALK CT 06854
Adam Mcananey	officer: General Counsel and Secretary	800 CONNECTICUT AVENUE, NORWALK CT 06854
Marc D Rothman	officer: Chief Medical Officer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Kyle B. Peterson	director	800 CONNECTICUT AVENUE, NORWALK CT 06854
Taj J. Clayton	director	800 CONNECTICUT AVENUE, NORWALK CT 06854
Josh Builder	officer: Chief Technology Officer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Heather Brianne Dixon	director	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Steve Senneff	officer: Pres. Chief Fin. & Admin. Off.	C/O COTIVITI HOLDINGS, INC., 115 PERIMETER CENTER PLACE, SUITE 700, ATLANTA GA 30346
Bradford Kyle Armbrester	director, officer: Chief Executive Officer	311 ARSENAL STREET, WATERTOWN MA 02472
Albert A Notini	director	C/O DELTEK, INC., 2291 WOOD OAK DRIVE, HERNDON VA 20171
Kevin M Mcnamara	director	2200 DON TYSON PARKWAY, SPRINGDALE AR 72762
Matthew S. Holt	director	C/O NEW MOUNTAIN CAPITAL, LLC, 787 SEVENTH AVENUE, 49TH FLOOR, NEW YORK NY 10019